San Francisco Housing Fund, Proposition B (November 2008)
If Proposition B had been approved, it would have authorized the city to establish an "Affordable Housing Fund." This would have been funded with a set-aside from the property tax of 2.5 cents for every $100 of assessed value. The revenue would have been used to acquire and develop new affordable housing units.
- These final, certified, results are from the San Francisco elections office.
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Proposition B: "Shall the City establish an Affordable Housing Fund; set aside from the property tax 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?"|
Path to the ballot
Proposition B was referred to the ballot on January 8, 2008 by an 8-3 vote of the San Francisco Board of Supervisors.
In favor: Supervisors Ammiano, Daly, Dufty, Maxwell, McGoldrick, Mirkarimi, Peskin and Sandoval.
Against: Supervisors Alioto-Pier, Chu and Elsbernd.
- November 4, 2008 official San Francisco voter guide
- David Latterman's analysis of the November 2008 San Francisco local ballot measures
- San Francisco Chronicle: Prop B would mandate millions for SF housing